agree.
everyone is freaking out as if this wasn't all agreed to and accepted right as Covid kicked off. this was signed off long before they had $20 mill in the bank, and frankly I'd still rather this than spending that $20 mill lining the BOD pockets. spend it on research and development, accelerating their existing programs, etc - which in fairness, they are? travelan FDA approval is back on the table, and was one of the first items of business after they achieved the strong placement and $20 mill in the bank.
but as I've said many times before - we've been here before haven't we? it is both a credit and detriment to management that this is very cyclical. it is very predictable to those patient enough. perhaps frustrating for those more 'traditional' investors who just want to/expect to see constant SP inflation and ROI. but this is how IMC do so... learn and adjust, or bail.
IMO only. DYOR
- Forums
- ASX - By Stock
- IMC
- Ann: Proposed issue of Securities - IMC
Ann: Proposed issue of Securities - IMC, page-12
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IMC (ASX) to my watchlist
(20min delay)
|
|||||
Last
8.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $20.06M |
Open | High | Low | Value | Volume |
8.7¢ | 8.8¢ | 8.7¢ | $10.89K | 124.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 4199 | 8.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 16280 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 11900 | 0.084 |
1 | 50602 | 0.083 |
1 | 40638 | 0.081 |
2 | 88888 | 0.080 |
1 | 7004 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 16280 | 2 |
0.090 | 4450 | 1 |
0.092 | 11000 | 1 |
0.093 | 38095 | 1 |
0.094 | 164287 | 1 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
Featured News
IMC (ASX) Chart |
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online